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5205 Panama Drive, Rowlett, TX 75088

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For Sale

$575,000

4 beds • 3 baths • 3,420 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $168.13
    Price per square foot

  • 21-30 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

OPEN HOUSE, SUNDAY 12-2PM! Do not miss this one! Welcome to 5205 Panama Dr Your Personal Oasis by Lake Ray Hubbard, available also for lease at $3800! This updated, open-concept home offers a spacious and luxurious lifestyle that will captivate you from the moment you arrive. Featuring soaring ceilings, premium flooring, and elegant finishes throughout, this residence blends modern sophistication with everyday comfort. Spanning 3,420 SF, the home offers 4 bedrooms + an office, 3 full baths, an amazing media room, a sparkling pool & spa, and a 2-car garage. The thoughtfully designed layout includes a bright living area with a striking fireplace and seamless flow into the dining room and chef s kitchen. The kitchen boasts stainless steel appliances, white cabinetry, and an eat-in island that anchors the space. Upstairs, retreat to the oversized master suite with a spa-like bath, large walk-in closet, and a huge private balcony showcasing breathtaking lake views. 3 more bedrooms share 2 beautifully designed full baths. A generous media room provides the perfect space for family movie nights or entertaining guests. Step outside to your private oasis backyard, where a covered patio, sparkling pool, and relaxing spa set the stage for endless outdoor enjoyment. The community enhances your lifestyle with basketball courts, a playground, a resort-style swimming pool overlooking the lake, and scenic walking trails along the shoreline. Recent upgrades: Fresh paint, new tile flooring, newly stained fence & much more. Offering unbeatable convenience and access to all your favorite destinations, with easy access to George Bush, I-30, and Highway 66. Only 5 miles from Sapphire Bay, the $1 billion master-planned lakeside development on Lake Ray Hubbard. Whether you re looking for everyday comfort, or a backyard oasis for entertaining, this home checks every box. Schedule your tour today!
MLS# 21075511

Courtesy Of Ginger and Associates, Listed By Yaron Yashar

(888) 455-6040

Open Houses

December

14

Sunday

In Person

Sunday, December 14, 2025

12:00PM - 2:00PM

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Ceiling Fan, Water Front
  • Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Dryer, Garbage Disposer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    New Traditional
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Tile, Tile - Ceramic, Vinyl
  • Lot Size
    0.26 Acres

Map and Directions

Directions to 5205 Panama Drive, Rowlett, TX 75088

Home seller CENTURY 21 Judge Fite Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Judge Fite Company

(817) 573-8801
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.